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In the past, silver was a neglected investment choice, most investors in physical precious metals generally preferring gold. However in recent times a number of factors have caused a change in favour of silver.
The price of gold has risen substantially which means that for the smaller investor gold is a more restricted choice and results in a smaller physical holding of the metal.
Silver prices are substantially lower than gold.
Silver has many industrial uses which mean that there is always a heavy demand for the metal.
Because the price of silver is much lower than gold and other precious metals such as platinum or palladium the weight of metal purchased for a given sum of money is much larger. In practical terms this can mean increased security. This surprising situation comes about due to the weight of metal involved. Consider (at today's prices) an investment of half a million euros. This would result in the acquisition of 20.28 kilos of gold, or approximately 44.6 pounds of gold. The equivalent in silver is 1247.5 kilos, which is almost a tonne and a quarter.
Being realistic, two people could easily walk away with half a million euros in gold without much difficulty, there is no way that the same investment in silver could be moved so easily.
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Silver